The major driving factor for natural refrigerants market is growing awareness about global warming and other environmental issues caused due to the synthetic refrigerants. Refrigerant is a fluid that acts as a coolant. Natural occurring refrigerant is the best alternative used for fluorocarbon refrigerants.

Refrigerant is a fluid that acts as a coolant. Natural occurring refrigerant is the best alternative used for fluorocarbon refrigerants. Natural refrigerant includes carbon, ammonia, hydrocarbons. These refrigerants have zero ozone depletion prospective compared to conventional refrigerants. These refrigerants have broad range of applications including cold storage, freezing, commercial and industrial refrigeration etc.

The major driving factor for natural refrigerants market is growing awareness about global warming and other environmental issues caused due to the synthetic refrigerants. Adoption of natural refrigerants in various end- industries is expected to fuel the growth of market. However, high cost of installation of refrigeration systems may hinder the limit of the market.

In order to give the users of this report a comprehensive view on the natural refrigerants market, we have included a detailed value chain analysis. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the natural refrigerants market has also been included. The study encompasses a market attractiveness analysis, wherein product segments and application segments are benchmarked based on their market size, growth rate and general attractiveness.

The study provides a decisive view on the natural refrigerants market by segmenting the market based on product types and applications. All the application segments have been analyzed based on present and future trends and the market is estimated from 2014 to 2020. Ammonia, carbon dioxide, hydrocarbons and others are the product segment of this market. Key application markets covered under this study includes industrial, commercial, domestic, stationary air conditioning and other refrigeration applications. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East and Africa with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil.

On geographical basis, Europe dominated the global natural refrigerant industry due to the strict government regulation on the use of HCFC (hydrochlorofluorocarbons) and HFC (hydrofluorocarbons) refrigerants. Asia Pacific is a fastest growing market for natural refrigerants due to rapid growth in the usage of natural refrigerants.